Savvy Trades and Investments

[wadegarret]

Value, that's a ridiculous analogy

I mean the stock price of a company is largely based on revenue and eps growth vs expectations of analysts. Expectations by analysts are respected to the extent that beating them or not(and more importantly- guidance) is what almost always dictates how a stock performs after it's quarterly report. On the other hand, a person or institutions(fund, etc) track record is always compared to the major indexes(mainly the S&P 500) during a given period of time, in judging success or failure. I've never heard of any other method. Also, the longer the period a person or institution has a track record to compare to, the more the results mean.